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Bank Australia · Term deposit · 1 term

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Term Deposit 12 months

The Bank Australia Term Deposit 12 months pays up to 5.50% p.a. as of 18 September 2026, over a 12-month term, 1st of 590 12-month deposits tracked by BankMate. Interest is paid annually, from a $500 deposit. Its rates last changed on 16 September 2026.

5.50%p.a. · 1 year

interest annually; from $500

Go to Bank Australia

Rates over time

Best rate per term
  • 1 year
  • RBA cash rate
  • Market average · 12-month deposits
4.004.505.005.50MayJunJulAugToday5.50

Changes

9 changes since 9 Apr 2026
  1. Term Deposit 12 months · 2 terms up 0.10
    • 12-month 5.405.50
    • 12-month 5.405.50
    +0.10
  2. Term Deposit 12 months · 2 terms up 0.05
    • 12-month 5.355.40
    • 12-month 5.355.40
    +0.05
  3. Term Deposit 12 months · 2 terms up 0.10
    • 12-month 5.255.35
    • 12-month 5.255.35
    +0.10
  4. Term Deposit 12 months · 2 terms cut 0.05
    • 12-month 5.305.25
    • 12-month 5.305.25
    −0.05
  5. Term Deposit 12 months · 2 terms cut 0.10
    • 12-month 5.405.30
    • 12-month 5.405.30
    −0.10
  6. Term Deposit 12 months · 2 terms cut 0.05
    • 12-month 5.455.40
    • 12-month 5.455.40
    −0.05
Show 3 earlier changes
  1. Term Deposit 12 months · 2 terms up 0.10
    • 12-month 5.355.45
    • 12-month 5.355.45
    +0.10
  2. Term Deposit 12 months · 2 terms cut 0.10
    • 12-month 5.455.35
    • 12-month 5.455.35
    −0.10
  3. Term Deposit 12 months · 2 terms up 0.1042 days after the RBA rise to 4.10%
    • 12-month 5.355.45
    • 12-month 5.355.45
    +0.10

Rates by term

Ranked within each term
1 year
5.50% · #1 of 590 12-month deposits

Deposit

Minimum deposit
$500
Maximum deposit
$1,000,000

Interest

Paid
Annually
Compounding
monthly

Early withdrawal

Before maturity
Allowed · Early Withdrawal: If you want to withdraw your TD prior to maturity, you are required to provide 31 days' prior notice. You may incur an interest adjustment and a Term Deposit early withdrawal admin fee.

About this product

The fixed term deposit making a positive difference to more than just your bank balance.

Compare all term deposits